On another day of recovery in the financial market, The stock exchange exceeded 134,000 points and has reached the highest level since September last year. The dollar fell for the fifth consecutive time and was below $ 5.70 for the first time in 22 days.
B3’s Ibovespa index ended this Thursday (24) at 134,580 points, with 1.79%increase. The indicator operated close to stability in the morning, but fired in the afternoon, pulled by actions of banks, mining companies and companies linked to consumption.
Having rise for the fourth session, the Brazilian bag has been on the largest level since September 17. However, Petrobras’ actions, the most negotiated at Ibovespa, fell again. The ordinary papers (with voting in shareholders) retreated 0.73%. Preferential actions (with preference in dividend distribution) fell 0.46%.
The truce was repeated in the currency market. The commercial dollar closed the day sold at R $ 5,692, with a retreat of R $ 0.027 (-0.47%). The quotation dropped to $ 5.66 around 10:30 am, but reacted near the closing of the market, when investors took the low price to buy dollars.
The US currency has been at the lowest level since April 3, when it had closed at $ 5.62. With today’s retreat, the border began to fall in the month, accumulating low of 0.24%. By 2025, the dollar falls 7.9%.
As in recent days, the drop in the dollar has been influenced by external factors. In the early afternoon, US President Donald Trump said he met with representatives from China and could review the Asian country “in two or three weeks.”
At the same time, the Federal Reserve Director (Fed, Central Bank) Christopher Waller said Trump’s trade war could raise the unemployment rate in the United States, increasing the chances of the Fed to cut interest on the largest economy on the first half. Less high rates in advanced economies stimulate the migration of financial capital to emerging countries such as Brazil.
*With information from Reuters
